Market meltdown hits company bond sales

Bond sales by companies worldwide slowed to an 11-year low in January as investors shunned risk amid a meltdown in capital and commodities markets.

About $329 billion (€303.3bn) of debt has been issued so far this month, the least for a January since 2005, when $299bn of securities were sold.

That’s despite the biggest day ever for bond sales in the US on January 13 when Anheuser-Busch InBev sold $46bn of bonds to fund its takeover of SABMiller.